Revelations from Bank of America whistleblowers show widespread and ongoing abuse of homeowners seeking loan modifications to avoid foreclosure. Customer service representatives were told to lie about pending modifications and were given bonuses for pushing homeowners into default. The allegations mirror continued complaints about “dual tracking,” where mortgage servicers pursue foreclosure while deciding whether or not to grant a loan modification. And yet, servicers at the five biggest banks were required to pay $25 billion in fines and agree to dozens of new guidelines to curb these abuses as part of last year’s National Mortgage Settlement. While the banks argue that they have fixed any outstanding problems, a recent report from the settlement’s oversight monitor, Joseph Smith, showed continuing violations of settlement terms in several key areas, though not to the degree that housing advocates claim.
The reason affirmative action matters is not because of the possible educational benefits of diversity but because it raises a more fundamental question: do raise-conscious admissions policies amount to unjustifiable discrimination against white people or are they an appropriate response to both past and present discrimination against black people? But even though racism against blacks and Latinos remains a real issue in American society (the idea that whites are also its victims is a joke the Supreme Court has never gotten), the fundamental inequalities in American life today—the rich getting richer while the poor get poorer—are not produced by discrimination and cannot be resolved by anti-discrimination. And affirmative action—whether class-based or race-based—is only a way of buttressing those inequalities. As is, indeed, the entire emphasis on education as the key to a more economically just society. In other words, the reason both affirmative action and education matter in the way they do is not because they solve the problem we actually have but because they conceal it. And the increasingly popular idea that we can fix affirmative action by making it work for poor people as well as or instead of for people of color is just another turn of the neoliberal screw. The problem is not unequal access to the elite; it’s the very idea of the elite.
Kansas City is a little bit plainsy, and a little bit Southern, straddling the Missouri-Kansas border. It is an old city, especially compared to others west of the Mississippi, fueled in its early years by farming money and trade from settlers heading west. Kansas City proper is on the Missouri side, and Kansas City, Kansas, or KCK, sits like a stepchild on the other side, absorbing most of the urban core’s poverty and crime. The cities themselves have some of the fastest-growing poverty rates in the country, but in the suburbs, the number of low-income families has more than doubled since the start of the Great Recession.
Would you lose your job if, for a few months, you had to run to the bathroom more often than your coworkers? Or your doctor told you to carry a water bottle and drink as often as possible? Or if you were told you couldn’t lift more than twenty pounds for a few months?
By age 26, James Agee had spent four years at Fortune, the glossy magazine created by Henry Luce to celebrate the American business class, filing un-bylined reportage on topics like orchid cultivation and cockfighting and the occasional skeptical item on how the new Tennessee Valley Authority was playing out. Most writers would consider it a plum job, especially in the early 1930s. But Agee, politically progressive and instinctively adversarial, was uneasy over the magazine’s thrall to the lavish life. He had ambitions worthy of a Blake or a Dostoevsky: highly personal, mythic literature meant to get “as near truth and whole truth as is humanly possible,” as he put it in a letter in early 1936.
Is President Obama planning to reverse course on deficit reduction? You will recall that the president joined the deficit-hawk crowd in calling for more than $4 trillion of deficit reduction over the next decade; that he has offered to cut Social Security and Medicare as part of a grand bargain (that the Republicans mercifully rejected); that it was Obama who appointed the Bowles-Simpson Commission; and that his own budget for FY 2014 includes substantial spending cuts.
Fifty years ago today, in 1963, Congress passed the Equal Pay Act. The idea was simple: Men and women doing the same work should earn the same pay. Straightforward enough, right? Change the law, change the world, be home by lunchtime.
The path across the border is littered with bodies. Bodies old and bodies young. Bodies known and bodies unknown. Bodies hidden, bodies buried, bodies lost, and bodies found. The stories of the dead haunt the frontier towns from Nuevo Laredo to Nogales, and even deep within the interior of Mexico down to Honduras, someone always knows someone who has vanished—one of los desaparecidos—during their journey north.
Over the past month, an oceanic divide has opened between European and American retailers on the question of how to respond to the manmade epidemic of deadly disasters in the garment industry of Bangladesh, the world’s second largest clothing exporter. In the aftermath of the Rana Plaza fire on April 24, which killed at least 1,127 workers, a group of roughly 40 European retailers—including H&M, Carrefour, Benneton, Tesco, and Marks & Spencer—signed on to a plan binding them to fund both a regimen of independent factory inspections and the improvements required to make those factories safe.
At the peak of economic boom times in 2000, the U.S. child-poverty rate reached a historic low of 16.2 percent. Even then, UNICEF ranked the United States as having the second highest child-poverty rate out of 26 rich countries. The United States had a child-poverty rate twice Germany’s, five times Sweden’s, and nearly ten times Denmark’s. The only country scoring worse than the United States was Mexico.
Two 21-year-old college students sit down in a coffee shop to study for an upcoming test. Behind the counter, a barista whips up their double-shot lattes. In the back kitchen, another young adult washes the dishes and empties the trash.
These four young adults have a lot in common. They are the same age and race, each has two parents, and all grew up in the same metropolitan area. They were all strong students in their respective high schools. But as they enter their third decade, their work futures and life trajectories are radically different—and largely determined at this point.